# ONEOK, Inc. – Consensus ‘buy’ rating and 13.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/oneok-inc.consensus-buy-rating-and-13.8-upside-potential/4121132330
- Published: 2023-11-09T13:08:38+00:00
- Author: Charlotte Edwards

**ONEOK, Inc.** which can be found using ticker (OKE) have now 16 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between $80.00 and $65.00 calculating
the mean target price we have $73.63. Given that the stocks previous close was at
$64.70 this is indicating there is a potential upside of 13.8%. The day 50 moving
average is $65.92 while the 200 day moving average is $64.45. The market cap for
the company is 37.07B. The stock price for the company is currently $63.63 USD

 The potential market cap would be $42,183,865,914 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 11.7, revenue per share of $38.80
and a 6.89% return on assets.

ONEOK, Inc. is a midstream service provider. The Company owns natural gas liquids(
NGLs) systems, connecting NGL supply in the Rocky Mountain, Permian and Mid-Continent
regions with market centers and a network of natural gas gathering, processing, 
storage, and transportation assets. The Company operates through three segments:
Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.
The Natural Gas Gathering and Processing segment provides midstream services to 
producers in North Dakota, Montana, Wyoming, Kansas and Oklahoma. The Natural Gas
Liquids segment owns and operates facilities that gather, fractionate, and distribute
NGLs and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and
the Rocky Mountain region, which includes the Williston, Powder River and DJ Basins.
The Company’s Natural Gas Pipelines segment, through its wholly owned assets, provides
intrastate and interstate transportation and storage services to end-users.

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